NYSEAM:SVLC - Post by User
Post by
shermandrockon Oct 15, 2013 11:56am
154 Views
Post# 21816734
I for one am disappointed by these results
I for one am disappointed by these results
In q32012, 1,250 tons were moved between waste and ore
In q22013, 1,195 tons were moved between waste and ore
In q32013, 625 tons were moved between waste and ore
We are told:
adverse weather (rainy season) it rained in q32012 as well right?
longer haul from pit bottom how much further from q22013? dercease of 52%? huh?
the pit does not seem large enough to support this
assertion
contractor equipment availability ummm....huh? what exactly didi the contractor do? haul
his equipment away? when was this known? do we need a
new and more reliable contractor?
Seems like management is reaching here.
In addition, why were we not told of the diminished gold production earlier? We were advised last q about difficulties in the "zinc" line (someone correct me if I am wrong) in May and June but, that it had been corrected. I would like to have know that.
I could be wrong (again), but I believe as late as those two conferences in late Sept, they were asserting that gold production for 2013 would be 33K ozs. Surely, they could have mentioned this. as they were within 15 days of q/e.
Sheesh......to this point, management has always sandbagged and over delivered.
Why the change now?